Good Oil Flow Rates From Petrosibir's Second Well

Petrosibir AB ("Petrosibir"), a Swedish public company listed on the Nordic
Growth Market in Stockholm, Sweden (PETS) and Shelton Canada Corp. ("Shelton")
(TSX VENTURE:STO), a Canadian public company listed on the TSX Venture Exchange
(TSX-V) in Canada (STO) announce that since the announcements concerning the
intended business combination on July 15, 2009 and October 1, 2009, Petrosibir
has completed the drilling of the second of two exploration wells in its
Rustamovskoye field in the Russian republic of Bashkiria. Oil and gas have been
found also in the second well. A recently completed drill stem test in the
second well indicated an extrapolated well flow rate of 700 barrels per day.


The second well was drilled to a final depth of 2 440 meters. Core samples and
an extensive program of logs have confirmed the presence of one gas interval and
multiple oil intervals. An extrapolation of a recently completed shorter open
hole drill stem test indicated a well flow rate corresponding to 700 barrels of
oil per day from the Kynovsko-Pashysky horizon of the Devonian period. The well
has now been cased, and Petrosibir will commence with a test program during
2009. The tests will provide additional information about the flow rates and the
characteristics of the reservoir.


"It's gratifying to have found oil and gas also in our second well. Long-term
production from this well will likely be below the measured well flow rate, but
we can say already that the test results surpass our expectations and indicate
excellent reservoir qualities," says Robert Karlsson, CEO of Petrosibir.


Petrosibir is in the final phase of the Rustamovskoye exploration program.
Petrosibir has found oil and gas with commercial well flow rates and plans to
initiate oil production during 2010. Once production has begun, the company will
have a balanced portfolio of cash flow-generating oil production from
Rustamovskoye and exploration operations in the recently-awarded Aysky license
block.


About Petrosibir

Petrosibir is a Swedish company focused on oil and gas exploration. The company
holds two exploration licenses in the Russian republic of Bashkiria, located
southwest of the Ural Mountains. The license blocks, which border one another,
are 52 square km (Rustamovskoye) and 187 square km (Aysky), and are surrounded
by other producing oil fields. Petrosibir has found oil in its first and second
well and measured commercial flow rates. The Petrosibir share is traded on the
NGM stock exchange under the symbol PETS. In July 2009 Petrosibir announced that
it had entered into a plan of arrangement agreement with Shelton Canada Corp, a
Canadian company that has oil and gas assets in Ukraine and is listed on the TSX
Venture Exchange.


About Shelton Canada Corp.:

Shelton Canada Corp. (www.sheltoncdn.com), a Canadian-based junior oil and gas
company, is focused on exploring and developing the resource-rich basins of
Ukraine. The company has an internationally experience board of directors and a
long history of successful operations in Ukraine. These competitive advantages
have helped Shelton to build effective personal relationships, strategic
regional partnerships, and a large land position and a portfolio of projects on
and offshore. Shelton's long-term goals are to become the leader in oil and gas
production from the resource-rich Azov and Black Sea basins in five years.


Forward-Looking Information

Except for statements of historical fact relating to the company, this news
release may contain certain "forward-looking information" within the meaning of
applicable securities law including opinions, assumptions, estimates and
management's assessment of future plans and operations, budgeted capital
expenditures and funding thereof. Forward-looking information in this news
release is characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", and other similar words, or statements that
certain events or conditions "may" "will" or "could" occur. There are
uncertainties inherent in forward-looking information, including factors beyond
Shelton's control, and no assurance can be given that such events will occur on
time or at all. BOEs may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.
StonePoint Energy Inc. (TSXV:STO)
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